Frozen bone-in pork hams, shoulders and cuts market in Greece

Earlier Report Observations

The Greek market for frozen bone-in pork hams, shoulders and cuts underwent considerable changes between 2018 and 2024. Market volume, measured in physical terms, started at 1 569 t in 2018 and showed initial stability before a pronounced contraction in 2020 brought it down to 1 141 t. This decline coincided with a period of global economic disruption, though the market's value also fell significantly to $3.3 million that year.

A strong and sustained recovery began in 2021, driving market volume to exceed 2 000 t in 2022 and reach a high of 2 610 t in 2023. In monetary terms, this growth was even more substantial, with the market's value surging from $3.6 million in 2021 to a peak of $7.7 million in 2023, indicating rising prices or a shift towards higher-value products alongside increased consumption.

The expansion paused in 2024 as the market adjusted, with volume easing to 2 398 t and value decreasing to $6.9 million. Over the entire seven-year period, the market demonstrated robust growth, finishing with a volume 53% higher than in 2018 and a value 61% greater, despite the mid-period volatility.

Production frozen bone-in pork hams, shoulders and cuts in Greece

In value, 2017-2020, K $ US

Greece's production of frozen bone-in pork hams, shoulders, and cuts declined for the second year in a row. In 2020, the output was valued at 2 379 thousand US dollars, representing a 25.5% decrease compared to 2019. Over the 2018-2020 period, production fell by 27.3%, with an average annual decline of 10.1%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Greece produced 824 tonnes of frozen bone-in pork hams, shoulders, and cuts, down 26.3% year-on-year. Between 2018 and 2020, production decreased by 23.4%, equivalent to an annualized rate of 8.5%. The peak was recorded in 2019 at 1 119 tonnes, which also saw the largest increase of 4.0%.

Annual dynamics of production in Greece in kind, 2017-2020, t

Exports frozen bone-in pork hams, shoulders and cuts from Greece

Exports in kind, t

Exports of frozen bone-in pork hams, shoulders, and cuts from Greece fell for the third consecutive year. In 2020, shipments totaled 66.1 tonnes, a sharp decline of 35.5% from the previous year. From 2017 to 2020, exports dropped by 83%, with an average annual decrease of 44.6%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

Between 2017 and 2020, Malta accounted for 71.0% of Greece's total exports in volume, while the remaining shipments were spread across a diverse group of smaller countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

Greece's exports of frozen bone-in pork hams, shoulders, and cuts declined for the third year in a row. In 2020, export value reached 214 thousand US dollars, marking a sharp drop of 40.8% compared to 2019. From 2017 to 2020, exports fell by 85.4%, with an average annual decline of 47.4%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

During 2017-2020, Malta was the primary buyer of frozen bone-in pork hams, shoulders, and cuts from Greece, accounting for 70.0% of total export value. The rest was distributed among a varied group of other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports frozen bone-in pork hams, shoulders and cuts to Greece

Imports in kind, t

Greece's imports of frozen bone-in pork hams, shoulders, and cuts decreased for the second consecutive year. In 2020, imports amounted to 382.8 tonnes, a sharp decline of 34.0% year-on-year. Between 2017 and 2020, imports fell by 39.7%, equivalent to an annualized rate of 15.5%. The highest volume was recorded in 2018 at 665.9 tonnes, which also saw the largest increase of 4.8%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

From 2017 to 2020, the three largest sources for Greece's imports in volume were Spain, Bulgaria, and Denmark, together accounting for 68.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

Greece's imports of frozen bone-in pork hams, shoulders, and cuts declined for the third year in a row. In 2020, imports were valued at 1 000 thousand US dollars, down 27.8% from 2019. Between 2017 and 2020, imports decreased by 33.1%, with an average annual decline of 12.5%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

In 2017-2020, Spain (48.0% of import value), Bulgaria (12.9%), and Denmark (8.6%) were the main sources for Greece's imports in value terms, together making up 69.5% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020